This year, the scale of local government bond issuance has exceeded 2 trillion, and proactive fiscal policy is being implemented.

After the Spring Festival holiday, local governments have been issuing government bonds intensively to raise funds to promote the construction of major projects, in order to stabilize investment, stabilize the economy, and prevent risks. According to information publicly released by local financial departments, as of February 25, the total issuance scale of local government bonds across the country has exceeded 2 trillion yuan. On the 26th, Jiangsu, Chongqing, and 5 other provinces will collectively issue approximately 139.2 billion yuan in local government bonds; on the 27th, Hunan and Liaoning will collectively issue approximately 89.2 billion yuan in local government bonds. Therefore, it is estimated that the scale of local government bond issuance in the first two months of this year will increase by about 22% compared to the same period last year.